Two Russian Nationals Charged for Masterminding Mt. Gox Crypto Exchange Hack

The U.S. Department of Justice DoJ has charged two Russian nationals in connection with masterminding the 2014 digital heist of the now-defunct cryptocurrency exchange Mt. Gox. According to unsealed indictments released last week, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, have been accuse...

Two Russian Nationals Charged for Masterminding Mt. Gox Crypto Exchange Hack

The U.S. Department of Justice DoJ has charged two Russian nationals in connection with masterminding the 2014 digital heist of the now-defunct cryptocurrency exchange Mt. Gox. According to unsealed indictments released last week, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, have been accuse...

Darknet Carding Kingpin Pleads Guilty: Sold Financial Info of Tens of Thousands

A U.S. national has pleaded guilty in a Missouri court to operating a darknet carding site and selling financial information belonging to tens of thousands of victims in the country. Michael D. Mihalo, aka Dale Michael Mihalo Jr. and ggmccloud1, has been accused of setting up a carding site calle...

Spanish Police Takes Down Massive Cybercrime Ring, 40 Arrested

The National Police of Spain said it arrested 40 individuals for their alleged involvement in an organized crime gang called Trinitarians. Among those apprehended include two hackers who carried out bank scams through phishing and smishing techniques and 15 other members of the crime syndicate, w...

Spanish Police Takes Down Massive Cybercrime Ring, 40 Arrested

The National Police of Spain said it arrested 40 individuals for their alleged involvement in an organized crime gang called Trinitarians. Among those apprehended include two hackers who carried out bank scams through phishing and smishing techniques and 15 other members of the crime syndicate, w...

New Dark Web Market Styx: Focuses on Money Laundering, Identity Theft

By Deeba Ahmed Styx has quickly gained traction as a hub for various illicit activities, following the recent seizure of the Genesis dark web market. This is a post from HackRead.com Read the original post: New Dark Web Market Styx: Focuses on Money Laundering, Identity Theft...

North Korea Is Now Mining Crypto to Launder Its Stolen Loot

A spy group working for the Kim regime has been feeding stolen coins into crypto mining services in an effort to throw tracers off their trail...

Authorities Shut Down ChipMixer Platform Tied to Crypto Laundering Scheme

A coalition of law enforcement agencies across Europe and the U.S. announced the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking t...

Authorities Shut Down ChipMixer Platform Tied to Crypto Laundering Scheme

A coalition of law enforcement agencies across Europe and the U.S. announced the takedown of ChipMixer, an unlicensed cryptocurrency mixer that began its operations in August 2017. "The ChipMixer software blocked the blockchain trail of the funds, making it attractive for cybercriminals looking t...

DeepStreamer: Illegal movie streaming platforms hide lucrative ad fraud operation

This investigation was a joint effort between Malwarebytes Threat Intelligence's Jerome Segura, DeepSee's Rocky Moss and Antonio Torres. Key findings Over a dozen unique domains were found selling ad inventory through Google Ad Manager, even though the pages were embedded invisibly under the...

Nick Weaver on Regulating Cryptocurrency

Nicholas Weaver wrote an excellent paper on the problems of cryptocurrencies and the need to regulate the space--with all existing regulations. His conclusion: Regulators, especially regulators in the United States, often fear accusations of stifling innovation. As such, the cryptocurrency space...

US Marshals Service hit by ransomware and data breach

The US Marshals Service USMS says it's suffered a ransomware attack in which a threat actor managed to get hold of sensitive information about staff and fugitives. On February 17, 2023, the attacker infiltrated a system that held information about ongoing investigations, including personally...

Dutch Police Arrest 3 Hackers Involved in Massive Data Theft and Extortion Scheme

The Dutch police announced the arrest of three individuals in connection with a "large-scale" criminal operation involving data theft, extortion, and money laundering. The suspects include two 21-year-old men from Zandvoort and Rotterdam and an 18-year-old man without a permanent residence. The...

Ethical hacker among 3 arrested for blackmail and ransomware attacks

By Waqas The suspects are allegedly involved in hacking, issuing threats, stealing data, laundering money, and extorting This is a post from HackRead.com Read the original post: Ethical hacker among 3 arrested for blackmail and ransomware attacks...

Norway Seizes $5.84 Million in Cryptocurrency Stolen by Lazarus Hackers

Norwegian police agency Økokrim has announced the seizure of 60 million NOK about $5.84 million worth of cryptocurrency stolen by the Lazarus Group in March 2022 following the Axie Infinity Ronin Bridge hack. "This case shows that we also have a great capacity to follow the money on the blockchai...

Norway Seizes $5.84 Million in Cryptocurrency Stolen by Lazarus Hackers

Norwegian police agency Økokrim has announced the seizure of 60 million NOK about $5.84 million worth of cryptocurrency stolen by the Lazarus Group in March 2022 following the Axie Infinity Ronin Bridge hack. "This case shows that we also have a great capacity to follow the money on the blockchai...

Meet the Creator of North Korea’s Favorite Crypto Privacy Service

The world’s most prolific crypto thieves have used Sinbad.io to launder tens of millions. Its creator, “Mehdi,” answers WIRED’s questions...

Ryuk ransomware laundering leads to guilty plea

Ryuk, a mainstay of the ransomware scene for some years until it transformed into Conti and then split off into other groups after that, is back in the news again... though not in the way you might have imagined. Its not a compromise, or a surprise comeback. What we have is a guilty plea, as a...

Russian Hacker Pleads Guilty to Money Laundering Linked to Ryuk Ransomware

A Russian national on February 7, 2023, pleaded guilty in the U.S. to money laundering charges and for attempting to conceal the source of funds obtained in connection with Ryuk ransomware attacks. Denis Mihaqlovic Dubnikov, 30, was arrested in Amsterdam in November 2021 before he was extradited...

Russian Hacker Pleads Guilty to Money Laundering Linked to Ryuk Ransomware

A Russian national on February 7, 2023, pleaded guilty in the U.S. to money laundering charges and for attempting to conceal the source of funds obtained in connection with Ryuk ransomware attacks. Denis Mihaqlovic Dubnikov, 30, was arrested in Amsterdam in November 2021 before he was extradited...